The cult of Apple was bound to run out of steam eventually. At some point twice as expensive for only marginally better becomes not acceptable. But they sure got the phat cash while they were “cool”.
“ The cult of Apple was bound to run out of steam eventually.
It hasn’t. Check the financials.
“At some point twice as expensive for only marginally better becomes not acceptable.
You subsidize the cost of fake iphones by accepting they will sell your personal info. You may consider that a great trade off.
The cult of Apple was bound to run out of steam eventually.
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At nearly US$2.5 trillion valuation AAPL still has a lot of steam to let out. Target price is $150 by some analysts - more steam coming.
Meanwhile the cult of Android is fragmented, uncertain, filled with love of sending their personal data to Google who then sells it to any interested 3rd party - including those in China.